Indonesia
Indonesian court reduces Gojek founder Nadiem Makarim’s sentence to nine years – report
Nadiem was sentenced to 10 years in prison in June after the court found him guilty of abusing his authority during the procurement of Google Chromebooks for schools in Indonesia that led to $125 million in state losses, Reuters reported.
Alpha JWC raises stake in Indonesia’s Kopi Kenangan in ongoing funding round
Alpha JWC, an early backer of Indonesian coffee chain Kopi Kenangan, has increased its stake in the company as part of an ongoing funding round, alongside founder Edward Tirtanata and existing investors.
Singapore’s BDx breaks ground on 640 MW AI data-center in Indonesia’s West Java
Data-center operator BDx has broken ground on a 640-MW AI data-center campus in West Java, Indonesia, backed by 845 MVA of grid power secured from the state utility.
Green SM launches electric motorbike service in Indonesia
Green SM has launched its electric motorbike service in Jakarta, expanding its all-electric transportation ecosystem in Indonesia to include two-wheeled mobility alongside electric taxis.
Maybank holds positive view on data center expansion in Indonesia
Maybank Investment Bank has hold positive view on data center expansion in Indonesia while seeing the country’s potential as a data center hub is underpinned by three structural advantages: abundant renewable energy resources, extensive land and water availability, and a large, internet-savvy population of over 280 million.
US sets final solar trade margins for Indonesia and Laos
US Commerce finalized solar-cell trade margins for Indonesia and Laos, with antidumping findings of 94.36% and 65.43%. Final duty orders await an October 14 injury vote.
LG Sinar Mas COO Ariawan on Indonesia’s AI infrastructure bottlenecks [Q&A]
LG Sinar Mas Director and COO Ariawan discusses power, cooling, data readiness, hybrid infrastructure and other bottlenecks shaping enterprise AI in Indonesia.
Zankore secures up to $3.1B financing for Southeast Asia AI infrastructure buildout
Zankore has signed a senior term loan facility of up to $3.1 billion and is building an initial 100 MW of NVIDIA AI infrastructure in Indonesia.
Indonesia remains AI adoption market as infrastructure, talent constrain ambitions – BMI
Indonesia is likely to remain predominantly a consumer and adopter of foreign-built artificial intelligence (AI) over the next several years, rather than a producer of frontier AI capabilities, according to BMI Country Risk and Industry Research said on last Friday.
Gojek strengthens GoTaxi service in Singapore through expanded partnership with ComfortDelGro
Zig by ComfortDelGro and Gojek Singapore announced Monday an expanded partnership that makes it easier for commuters to book a metered taxi through the Gojek app.
